See Home Value
$420,137*
House - Off Market

501 Thole Street

Norfolk, VA 23505
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2006 Sqft
$360,000 - $438,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Feb 28, 2022
$399,000
$379,050 by Ovm Financial Inc
Mortgage Due Mar 01, 2052
Sold Jun 21, 2019
$275,000
$255,000 by George Mason Mortgage Llc
Mortgage

About This Property

Come check out this 4 bedroom 2 bath brick ranch in Suburban Acres. Located on a corner lot within minutes from Norfolk Naval base and interstate highways. Updated kitchen includes new ceramic flooring, granite countertops, farmhouse sink/disposal, backsplash and recessed lighting. Spacious rooms and deep closets throughout home for ample storage. This home features a unique floor plan and boasts a wide front porch to enjoy outdoor views. Detached shed conveys as-is. Schedule your showing today!

The manager has listed the unit size as 2006 square feet.
Unit Size
2,006Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$199
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold to Jonathan D Meadows $399,000
Sold to Jonathan D Meadows
Feb 4, 2022 No longer available -
No longer available
Jan 22, 2022 Listed $399,000
Listed
Jun 21, 2019 Sold to Joshua S Card, Saron B Card $275,000
Sold to Joshua S Card, Saron B Card
May 11, 2019 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,474
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,006
  • Building Area: 2,006
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,006
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURBURBAN ACRE PART 2
  • Land Acres: 0.263
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: A SUBURBAN ACRES PART 2

Ownership

  • Current Owner : MEADOWS JONATHAN D
  • Previous Owner : CARD JOSHUA S
  • Owner Before Previous Owner: LEE LUCY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Norfolk City Public Schools
  • Census Tract: 001400

Zoning

  • Zoning: R3

Geography

  • Section: 792A
  • Parcel: 24065525
  • Latitude: 36.905
  • Longitude: -76.2638

    Address

  • Full Address: 501 Thole St
  • Address - House Number: 501
  • Address - Street Name: Thole
  • Address - Suffix Type: St
  • State: VA
  • City Name: Norfolk
  • Carrier Code: C022
  • 4-Digit Zip Code: 4236
  • Zip Code: 23505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,663

    Appraisal Valuation

  • Standard Deviation: 0.1671
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 78
  • Final Value: 399,673
  • High Value: 466,465
  • Low Value: 332,880

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $379,050
  • First Open Lien Mortgage Lender: OVM FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $379,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $373,000
  • Market Land Value: $111,000
  • Market Improvement Value: $262,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,000
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $262,000

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880551323
  • Current Sale Price: $399,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 5294
  • Previous Sale Recording Date: Jun 21, 2019
  • Previous Sale Contract Date: Jun 19, 2019
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OVM FINANCIAL INC
  • First Mortgage Transaction Date: Feb 28, 2022
  • First Mortgage Loan Amount: $379,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GEORGE MASON MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 21, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $255,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,392 ft²
$182/ft²
$434,900 Nov 11, 2022
-
$330/mo
House
3 Beds
2 Baths
1,499 ft²
$237/ft²
$355,000 Jan 19, 2023
-
$236/mo

About Suburban Acres


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Frequently Asked Questions

When was property at 501 Thole Street built and last sold?
The property at 501 Thole Street was built in 1952 and last sold on Feb 25, 2022 for $399,000.
How much is this home worth?
The estimated value of the home located at 501 Thole Street is $389,095.
What are some comparable homes to 501 Thole Street?
There are currently no comparable homes to 501 Thole Street.

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